share_log

Analyst Expectations for Energy Vault Holdings's Future

Benzinga ·  Mar 30, 2023 20:13

Analysts have provided the following ratings for Energy Vault Holdings (NYSE:NRGV) within the last quarter:

BullishSomewhat BullishIndifferentSomewhat BearishBearish
Total Ratings11003
Last 30D00001
1M Ago11001
2M Ago00000
3M Ago00001

In the last 3 months, 5 analysts have offered 12-month price targets for Energy Vault Holdings. The company has an average price target of $4.2 with a high of $7.00 and a low of $2.00.

Below is a summary of how these 5 analysts rated Energy Vault Holdings over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock

price target chart

This current average represents a 30.0% decrease from the previous average price target of $6.00.

Stay up to date on Energy Vault Holdings analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

What Are Analyst Ratings?

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment